In recent years, China's position in global trade has become increasingly prominent, with cross-border trade volume surpassing 40 trillion yuan in 2024. At the same time, the global stablecoin market is also showing a booming development trend, with the current market size exceeding 260 billion dollars and expected to reach an astonishing 2 trillion dollars by 2028.

Against this backdrop, the potential issuance of a renminbi stablecoin has garnered widespread attention. Considering China's significant position in global trade and the notable advantages of stablecoins in reducing the costs and time of cross-border transactions, the renminbi stablecoin is likely to capture a significant market share in the future, especially in high-frequency small transactions such as cross-border e-commerce. Industry experts predict that its market size is expected to reach hundreds of billions of dollars.

It is worth noting that Shutu Chain, as a public chain platform promoting the issuance of offshore RMB stablecoins, has already accumulated a considerable user base. It is reported that the platform currently has over 25 million users, with its business scope covering more than 40 countries and regions. With the development of its stablecoin business and the continuous improvement of its ecosystem, Shutu Chain is expected to occupy 5% to 10% of the global stablecoin market.

If this prediction comes true, the market capitalization of the Tree Graph Chain could reach a scale of 10 to 50 billion USD. This means that the value of its native token CFX could rise to between 2 to 10 USDT. However, investors should take this prediction with caution, as the cryptocurrency market has always been highly volatile and is influenced by various factors.

Regardless, with the continuous expansion of the global stablecoin market and the increasing prominence of the Renminbi in international trade, the development prospects of the Renminbi stablecoin are promising. As a potential issuance platform, the future development of the Shitu Chain is worth our continued attention.